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the excess of supply over demand

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  • Supply and demand — For other uses, see Supply and demand (disambiguation). The price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). The diagram shows a… …   Wikipedia

  • Supply-side economics — is an arguably heterodox school of macroeconomic thought that argues that economic growth can be most effectively created using incentives for people to produce (supply) goods and services, such as adjusting income tax and capital gains tax rates …   Wikipedia

  • The Natural Economic Order — is the most famous book of Silvio Gesell. PUBLISHED REFERENCES TO GESELL S THEORY John Maynard Keynes: General Theory of Employment, Interest and Money (1936): Gesell s main book is written in cool, scientific language; though it is suffused… …   Wikipedia

  • The Gores Group — Industry Private Equity Founded 1987 Founder(s) Alec Gores, Chairman CEO …   Wikipedia

  • The Doobie Brothers — Doobie Brothers in Berkeley, California, September 11, 1982. L to R: : Michael Hossack, Patrick Simmons, John Hartman, Tom Johnston. Background information Origin San Jose …   Wikipedia

  • The Market for Lemons — The Market for Lemons: Quality Uncertainty and the Market Mechanism is a 1970 paper by the economist George Akerlof. It discusses information asymmetry, which occurs when the seller knows more about a product than the buyer. A lemon is an… …   Wikipedia

  • demand — an order to comply with an obligation. In business, paying on demand means that the obligation must be satisfied immediately when requested. Glossary of Business Terms The desire to purchase economic goods or services (and the financial ability… …   Financial and business terms

  • supply — for GST purposes, supply is defined as: The quantity of a good available to meet demand. Supply consists of inventories from previous production, current production, and expected future production. Because resources are scarce, supply creates… …   Financial and business terms

  • The Oyster Princess — Infobox Film name = The Oyster Princess director = Ernst Lubitsch writer = Hanns Kräly Ernst Lubitsch starring = Victor Janson Ossi Oswalda Harry Liedtke Julius Falkenstein cinematographer = Theodor Sparkuhl music = Aljoscha Zimmermann… …   Wikipedia

  • Aggregate demand — This article is about a concept in macroeconomics. For microeconomic demand aggregated over consumers, see Demand curve. In macroeconomics, aggregate demand (AD) is the total demand for final goods and services in the economy (Y) at a given time… …   Wikipedia

  • Economic history of the People's Republic of China — Throughout most of the nineteenth and twentieth centuries, as during much of earlier Chinese history, the economy was barely able to meet the basic needs of the country s huge population the largest in the world. In normal years the economy… …   Wikipedia

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